Hello everyone, I am a newbie to all of this but I have been doing some research for some time now. I am leaning towards multifamily properties, duplex or triplex. I live in Minneapolis Minnesota and I want to soak in...
I have not run across anyone talking about building or having a reserve fund for a property. What is The recommendation to accrue and pay for a unexpected capital upgrades, i.e. furnace, roof, sewer, parking lot, wind...
Hello bigger pocketers!
I know, I know, don’t believe anything you see on TV is what they say.
But I was curious to know from people who are in the flipping business already how much of what is shown on HGTV is re...
The property management company I work with in Michigan wants to charge me $250 for a renewal of a lease. I have two other PMs in another State and they don't even charge me for this. Is this common? It's just resigni...
My wife and I just finished our first flip. We put the house on the market about a month ago and have had almost zero traffic (two showings). Empirically, I know this means it's overpriced, despite an initial listing ...
I'm curious on others thoughts. I attempted to do a "Cash for Keys" deal with a non-paying tenant. He ended up not following through so now he is being evicted, but going through that process did make me think about t...
**This is cross posted since more foot traffic here**Hello BP,
I am here to soliciting your input and thank you! Looking for a 2nd rental. Inspection done today. I am on the fence.
- Location: Old neighborhood, up...
Hi Everyone,
I'm under contract on a 4BR/2BA home. It's very clear that I'm under contract at market value price. 147,500. However, it will rent for $1,500/month and taxes are dirt cheap.
It is also entirely renovat...
Hi All,Why is it that all these house flippers out there take 3-6-9 months or more to rehab their house?I mean no disrespect, I just want to start a discussion and let everyone play devil's advocate.I'm talking about ...